National News

Redfin completes acquisition of Bay Equity Home Loans for $137.8 million

The move fuels Redfin’s plan to become a one-stop shop to buy, sell, rent or finance a home.

Fed votes to increase interest rates, projects more hikes in 2022

The Federal Reserve announced today that it would increase the federal funds rate by 0.25%, its first increase in more than three years, with more hikes projected for the remainder of the year.

Seattle’s MoxiWorks acquires lead nurturing platform ActivePipe

Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate professionals.

Seattle among most neighborly cities in America

StorageCafe surveyed 11,000 Americans to determine what, exactly, makes a friendly community — and where those communities are.

Washington among best states to own a ‘tiny home’

The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.

Black mortgage applicants 84% more likely to be denied than white applicants, analysis finds

Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.

Redfin to acquire Bay Equity Home Loans

The San Francisco Bay-area mortgage lender is licensed in 42 states. 

Unique ‘MetaReal’ deal will include luxury mansion’s identical counterpart in the virtual world

Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind “MetaReal” mansion, according to a press release.

Seattle, Tacoma popular among renters this year

Seattle and Tacoma were among the top 50 most competitive rental markets in 2021, according to a year-end report from RentCafé.

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

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